Hi everyone,
Was looking around the forum and noticed that there hasn't been any discussion about the impact of the new budget on house prices??
I heard that in the recent budget the have lowered the pension level to $800k? If that is the case, a lot people may not qualify for a pension because their property price maybe have appreciated over that limit? Would that then mean that people may choose to down grade and blow off their saving in order to qualify for a pension?
What are people's thoughts?
Dex.
Effects on the new budget??
Was looking around the forum and noticed that there hasn't been any discussion about the impact of the new budget on house prices??
I heard that in the recent budget the have lowered the pension level to $800k? If that is the case, a lot people may not qualify for a pension because their property price maybe have appreciated over that limit? Would that then mean that people may choose to down grade and blow off their saving in order to qualify for a pension?
What are people's thoughts?
Dex.
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